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(IGL) Indraprastha Gas complete technical analysis [charts+indicators] | Buy/Sell Indraprastha Gas | (IGL) share price targets

Complete technical analysis of Indraprastha Gas (IGL) by charts plus indicators, forecast predictions and share price targets for Indraprastha Gas (IGL)

Indraprastha Gas trades in NSE in Utilities:Non-Elec. sector.

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Indraprastha Gas is 5220270

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	437.15	441.00	441.60	433.00	0.558 times
19 Fri Apr 2024	436.20	437.30	448.60	432.15	1.104 times
18 Thu Apr 2024	437.30	467.00	470.35	435.35	0.971 times
16 Tue Apr 2024	462.70	470.50	474.20	461.50	0.473 times
15 Mon Apr 2024	470.35	455.00	489.00	455.00	2.101 times
12 Fri Apr 2024	463.10	476.00	476.00	461.90	0.489 times
10 Wed Apr 2024	477.05	475.75	482.70	474.75	0.633 times
09 Tue Apr 2024	475.80	476.45	479.00	469.15	0.307 times
08 Mon Apr 2024	475.35	461.90	482.00	458.10	1.227 times
05 Fri Apr 2024	460.10	437.20	469.00	436.05	2.247 times

My analysis of stock is bearish for shortterm, and stock might move down till 421 or till 394.5. Use a stoploss of 443.06 and if the stock hits stoploss, then it can shoot up till 465.12

Share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Target	389.50
Downside Target	420.90
Downside Target	430.90
Upside Target	449.85
Upside Target	458.10
Upside Target	459.00
Upside Target	460.00
Upside Target	469.00
Upside Target	482.70
Upside Target	489.00

Intraday share price targets for Indraprastha Gas (IGL)

Target Type	Value
Downside Intraday Target	432.9
Downside Intraday Target	428.65
Upside Intraday Target	441.5
Upside Intraday Target	445.85
Upside Intraday Target	437.25

Weekly technical analysis of Indraprastha Gas (IGL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	437.15	441.00	441.60	433.00	0.12 times
19 Fri Apr 2024	436.20	455.00	489.00	432.15	1.751 times
12 Fri Apr 2024	463.10	461.90	482.70	458.10	0.689 times
05 Fri Apr 2024	460.10	430.90	469.00	430.90	3.118 times
28 Thu Mar 2024	430.80	412.10	432.95	410.00	0.765 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indraprastha Gas (IGL)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	437.15	430.90	489.00	430.90	1.287 times
28 Thu Mar 2024	430.80	427.70	460.00	397.15	1.279 times
29 Thu Feb 2024	426.00	433.00	459.00	412.10	0.612 times
31 Wed Jan 2024	430.40	420.40	449.85	403.25	1.23 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indraprastha Gas (IGL)

Price action analysis of Indraprastha Gas ( (IGL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indraprastha Gas ( (IGL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Indraprastha Gas ( (IGL) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Indraprastha Gas stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Indraprastha Gas in short term but the sell signal is initial and weak.

Indraprastha Gas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Indraprastha Gas in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Indraprastha Gas is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 459.82 and Indraprastha Gas (IGL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Indraprastha Gas (IGL) stock. Volume based technical analysis of Indraprastha Gas (IGL) stock is negative.

Indraprastha Gas Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.